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Showing Tag: "avalanche" (Show all posts)

Breaking down 9 predictions that could shape 2024

Posted by Goyo Large on Saturday, January 6, 2024, In : Technical Analysis 

All images


Will 2024 ultimately prove to be a pivotal year for crypto? (BoliviaInteligente / Unsplash)

What’s up? It’s Coinbase Bytes

There’s never a dull year on the blockchain. So, to kick off 2024, we’re taking a look at some storylines that could make news over the next 12 months. 

  • Spot ETFs could finally arrive. How much impact will Wall Street have on crypto?
  • BTC’s halving is due in April. Previous halvings preceded bull runs — will history repeat itself in 2024? 
  • SOL’s comeback might not...

Continue reading ...
 

The Week That Mattered For Crypto: BONK, Avalanche Lead Gainers; Terra Classic, Chainlink Top Losers' Pack

Posted by Khyathi Dalal on Monday, December 18, 2023, In : 848FINACE 
What is Cryptocurrency & How Does it Work?
ZINGER KEY POINTS
  • Amid the FOMC meet and SEC busy with meetings for Spot ETF applications, crypto board saw meme coin BONK topping the gainers' list.
  • Bitcoin and Ethereum witness a drop of 4% each during the week.

While the week started on a high note of $43,800 for Bitcoin 

BTC/USD-2.14%
+ Free Alerts
, it didn't reach that level again for the rest of the week. The crypto’s apex king reported a 4% drop in the past 7-days trade while Ethereum 
ETH/USD-1.31%
+ Free Alerts
 saw a 4.6% fall in the same...

Continue reading ...
 

Prediction: This Cryptocurrency Will Be the Next Ethereum

Posted by Trevor Jennewine on Wednesday, March 2, 2022, In : Technical Analysis 

The Ethereum (CRYPTO: ETH) blockchain is powered by the ETH coin, a cryptocurrency with a market value of $320 billion. Only Bitcoin is worth more. And Ethereum's success can be attributed to its programmability. Specifically, developers can use the platform to build and deploy decentralized applications (dApps), software that exists on a peer-to-peer network rather than centralized corporate services.

Decentralized finance (DeFi) products are a type of dApp. They allow investors to lend, trad...


Continue reading ...
 

Bitcoin could be laid low by miners' malady

Posted by Medha Singh and Lisa Pauline Mattackal on Wednesday, March 2, 2022, In : Technical Analysis 


 Bitcoin miners are feeling the heat - and the pain's rippling downstream to pressure prices.

The cryptocurrency's spectacular rally in 2021 drew thousands of entrants into mining, or producing new coin. As a result the hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second.

FILE PHOTO: A view shows the data centre of BitRiver company providing services for cryptocurrency mining in Bratsk
© Reuters/MAXIM SHEMETOVFILE PHOTO: A view shows the data centre of BitRiver company providing services f...

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Cryptocurrency Avalanche Rises More Than 4% In 24 hours

Posted by Benzinga Insights on Tuesday, September 21, 2021, In : 848FINACE 

Over the past 24 hours, Avalanche's (CRYPTO: AVAX) price rose 4.44% to $65.46. This continues its positive trend over the past week where it has experienced a 25.0% gain, moving from $51.09 to its current price. As it stands right now, the coin's all-time high is $75.28.

engineering drawing© Provided by Benzinga

The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the ...


Continue reading ...
 
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